1 / 14

Concessional Loan Scheme  with Mechanism for Scale-up using “Energy Saving Equipment List"

Concessional Loan Scheme  with Mechanism for Scale-up using “Energy Saving Equipment List". BEE-UNIDO workshop on “Financing of Energy Efficiency and Renewable Energy for SMEs” Nov.8-19 th , 2009. Keiji KATAI Representative Japan International Cooperation Agency (JICA)

elgin
Télécharger la présentation

Concessional Loan Scheme  with Mechanism for Scale-up using “Energy Saving Equipment List"

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Concessional Loan Scheme with Mechanism for Scale-up using “Energy Saving Equipment List" BEE-UNIDO workshop on “Financing of Energy Efficiency and Renewable Energy for SMEs” Nov.8-19th , 2009 Keiji KATAI Representative Japan International Cooperation Agency (JICA) Katai.Keiji@jica.go.jp

  2. Grant Aid New JICA Grant (※) MOFA Technical Assistance bilateral assistance ODA JICA October, 2008 - Yen loans JBIC multilateral assistance international authority 1. “JICA”: The World’s Largest Bilateral Aid Agency US$ 10,280 million (FY2008 Budget Estimate) (※) A part of grant assistances will be provided by MOFA and the rest of the financial assistances will be shifted to JICA. 2

  3. “JICA”: Focus in India Transportation Employment Energy & Climate Change Economic Growth Basic Social Service Inclusive Growth Faster Growth India Environmental Improvement Poverty Reduction Rural Livelihood Urban Environment Natural Environment 3

  4. JICA’s Initiatives～ODA Loans more than 50 years in India～ Aggregate Committed Amount (upto 2007): Electric Power & Gas: 1,021 billion JPY Transportation: 442 billion JPY Water Supply, Sewerage and Sanitation: 343 billion JPY Forestry: 169 billion JPY →2,437 billion JPY (approximately US$ 24 million) Annual Commitment: USD 2 ~2.5 billion / year 4

  5. 2. MSME Energy Saving Project Consultant Technical Assistance GoI guarantee E/S Project (MSME) Clusters Consultant Sub-Loan E/S Project (MSME) 9.5-10% E/S Project (MSME) Concessional Loan PLIs/NBFCs Sub-Loan Sub-Loan PLIs/NBFCs E/S Project (MSME) （SIDBI＝ Small Industries Development Bank of India) 5

  6. Finance Scheme - Catalyst • JPY 30 billion / Approximately INR 1500 Cr • Financial Parameter • Interest Rate: 9.5 – 10.0% p.a. to end user • Minimum Borrower Contribution: 25%(Existing) / 33% (New Company) • Eligible Borrower: Small & Medium Enterprise in any industry at anywhere in India • Eligible Investment: Those items in the Energy Saving Equipment List JPN’s Experience 6

  7. 3. Major obstacle for energy saving investment – Procedure for Loan Sanction • Financial Institutes (Branch Officers) • Technically not equipped with reviewing individual energy saving investment • Time consuming process is not preferred • MSMEs • Busy with day-to-day operation • Not aware of detailed energy saving potential • Difficult to prepare Project Report for energy saving investment from “technical” and “time” constraints • Detailed Information sharing with other Units is not easy - competition 7

  8. JICA’s approach “Energy Saving Equipment List” EASY & QUICK reference for Lender, Borrower & Equipment Supplier Not Fine Tuned to Individual Unit (Sub-Optimal Approach) At least 15% of Energy Saving Please visit website:http://jica.org.in → Energy Saving Equipment List JPN’s Experience 8

  9. Sample --- Common Equipment 9

  10. Sample --- Industry Specific Equipment 10

  11. Activities Cycle • One-to-one FU • Feedback to the List • Monitoring of Impact Meeting with Industrial Association, SIDBI, BDS providers • - Financial Opportunity • & Tech Options • 11 Campaigns are • already carried out • Technical Brochure • to be prepared • - Feedback to Energy Saving • Equipment List 11

  12. Progress… • Started Dec. 2008 • Taking place at Mumbai, Thane, Nasik, Bangalore, Hyderabad, Ludhiana, New Delhi, Tirupur, Jallandhar, Coimbatore,Rajkot, Surat, Chandigarh… (*above are SIDBI Branch Offices) • Total 299.85Cr / 773 Projects are sanctioned under direct loan from SIDBI. (as of Sep. 2009) 12

  13. 4. Way Forward Improve “Energy Saving Equipment List” for Specification & Bench Mark information Expand “the List” approach to major financial institutions (currently SFC & IREDA. SBI and other FIs are under discussion) Mechanism for continuous updating (Star Rating?) 13

  14. Thank You

More Related